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HENRY KJELDSEN. RINGKØBING TØMMERHANDEL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HENRY KJELDSEN. RINGKØBING TØMMERHANDEL A/S
HENRY KJELDSEN. RINGKØBING TØMMERHANDEL A/S (CVR number: 66022218K) is a company from RINGKØBING-SKJERN. The company reported a net sales of 437.6 mDKK in 2025, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 2.7 mDKK), while net earnings were 12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. HENRY KJELDSEN. RINGKØBING TØMMERHANDEL A/S's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 420.71 | 400.21 | 384.80 | 443.42 | 437.59 |
| Gross profit | 65.08 | 61.09 | 58.52 | 64.51 | 65.88 |
| EBIT | 21.69 | 14.17 | 12.26 | 6.42 | 2.72 |
| Net earnings | 57.46 | -26.94 | 26.30 | 38.62 | 12.18 |
| Shareholders equity total | 332.65 | 305.41 | 331.41 | 369.73 | 381.61 |
| Balance sheet total (assets) | 506.84 | 490.10 | 497.72 | 571.33 | 587.42 |
| Net debt | 18.08 | 6.13 | |||
| Profitability | |||||
| EBIT-% | 5.2 % | 3.5 % | 3.2 % | 1.4 % | 0.6 % |
| ROA | 4.7 % | 2.8 % | 2.5 % | 9.4 % | 3.3 % |
| ROE | 18.9 % | -8.4 % | 8.3 % | 11.4 % | 3.5 % |
| ROI | 4.7 % | 2.8 % | 2.5 % | 10.0 % | 3.7 % |
| Economic value added (EVA) | 7.85 | -2.55 | -3.09 | -11.66 | -23.39 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 64.7 % | 65.0 % |
| Gearing | 36.0 % | 35.7 % | |||
| Relative net indebtedness % | 18.7 % | 16.4 % | |||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.5 | |||
| Current ratio | 2.5 | 2.5 | |||
| Cash and cash equivalents | 114.98 | 130.22 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 9.3 | 7.3 | |||
| Net working capital % | 22.1 % | 19.8 % | |||
| Credit risk | |||||
| Credit rating | A | A | A | A | AA |
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